Madhav Marbles 37th AGM: All resolutions passed with 99.99% majority

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MADHAV · price

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Price reactionminutes from the announcement price · days from the prior close

+1.1%Reaction day

₹34.12

prior close

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announcement price

After-mkt

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Nifty Microcap 250market · in no size index; the smallest one is used-1.3%+2.4% vs market

Granites & Marbles peers, median of 8sector-0.9%+2.0% vs sector

On the reaction day the stock moved 2.4 pts more than Nifty Microcap 250 and 2.0 pts more than its Granites & Marbles peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+1.1-1.3+2.4-0.9+2.0

Next day

+1.0-1.3+2.3-0.6+1.6

+0.2+0.0+0.2+0.3-0.1

+0.9-0.2+1.1-0.2+1.1

-4.9-3.0-1.9-2.6-2.3

-6.2-2.7-3.5-2.0-4.2

-4.7-1.7-3.0-1.9-2.9

15d

-5.0-8.9+3.9-4.9-0.1

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UpDownMarket · Nifty Microcap 250Sector · Granites & Marbles peers, median of 8Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Madhav Marbles held its 37th AGM on September 30, 2026 via video conferencing. All 10 resolutions were passed with requisite majority. Out of 774,366 votes polled (about 8.65 percent of total shares), 99.995 percent voted in favour and 0.005 percent against. Key items included adoption of audited financial statements, reappointment of an Independent Director, and approval of material related party transactions with Madhav Natural Stone Surfaces and Madhav Ashok Ventures.

Likely market impact

Routine procedural clearance. Related party transactions approved, which minority shareholders should monitor for fairness of terms.